Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $45,100; Supervising, $34,400; and Other, $23,300. Processing costs are assigned to products using machine hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total Machine-hours (Processing) 9,700 1,220 10,920 Batches (Supervising) 1,440 990 2,430 The activity rate for the Processing activity cost pool under activity-based costing is closest to: Multiple Choice $4.13 per machine-hour $3.81 per machine-hour $8.56 per machine-hour $4.43 per machine-hour Exit Sub Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing. $47.400: Supervising. $36,500; and Other, $26,600. Processing costs are assigned to products using machine hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total Machine-hours (Processing) 13,600 800 14,400 Batches (Supervising) 830 730 1,560 What is the overhead cost assigned to Product 06 under activity-based costing? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $19,422.00 O $48,698.00 564,166.00 $44,744.00 Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and other. The costs in those activity cost pools appear below. Processing Supervising Other $ 6,250 $ 36,040 $ 12,200 Processing costs are assigned to products using machine hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product MO Product MS Total Machine-hours (Processing) 11,800 700 12,500 Batches (Supervising) 850 850 1,700 Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins Sales (total) Direct materials (total) Direct labor (total) Product MO $ 87,100 $ 30,300 $ 29,600 Product M5 $ 98,900 $ 33,200 $ 43,500 What is the overhead cost assigned to Product M5 under activity based costing? Multiple Choice O $18,370 O $35,172 O $23,328 O $41,000 Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and other. The costs in those activity cost pools appear below: Processing Supervising Other $ 7,020 $ 41,040 $ 12,400 Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product MO Product M5 Total Machine-hours (Processing) 12,825 675 13,500 Batches (Supervising) 950 950 1,900 Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Sales (total) Direct materials (total) Direct labor (total) Product MO $ 88,700 $ 30,500 $ 29,800 Product MS $ 99,900 $ 33,400 $ 43,700 The activity rate for the Supervising activity cost pool under activity-based costing is closest to: Sales (total) Direct materials (total) Direct labor (total) Product MO $ 88,700 $ 30,500 $ 29,800 Product M5 $ 99,900 $ 33,400 $ 43,700 The activity rate for the Supervising activity cost pool under activity-based costing is closest to: Multiple Choice 0 $28.13 per batch O $7.39 per batch $25.29 per batch O $21.50 per batch
